Human Holdings revenue rises 4.9%, sees growth in HR and education
main article
Human Holdings Co. Ltd. (2415:JP), a human resource and employment services provider in Japan, reported revenue on 14 February 2025 of JPY 74.93 billion (USD 490.9 million) for the nine months ended 31 December 2024, an increase of 4.9% when compared to the previous year.
(JPY millions) | 9 months 2024 | 9 months 2023 | Change | 9 months 2024 (USD millions) |
Revenue | 74,934 | 71,467 | 4.9% | 490.9 |
Gross Profit | 19,190 | 18,185 | 5.5% | 125.7 |
Gross Margin | 25.6% | 25.4% | - | - |
Operating Profit | 2,248 | 2,031 | 10.7% | 14.7 |
Net Income | 1,450 | 1,196 | 21.2% | 9.5 |
Human Holdings primarily engages in human resources business and education. The Human Resources segment provides staffing, placement, recruiting, and outsourcing services. The Education segment is engaged in continuing education and full-time education services. The company also engages in several other services such as nursing care, nail salons and sports and entertainment.
Revenue in the human resources business increased 6.2% while revenue in the education business grew by 2.6%. Meanwhile, the nursing care business increased 5.2%. Within the ‘other’ segment, the company said the sports and nail businesses reported an increase, but sales in the IT business decreased which led to flat growth.
Looking ahead, the company forecasted revenue of JPY 99.30 billion (USD 650.6 million) for the year ended 31 March 2025.
Human Holdings shares closed on 14 February at JPY 1,585.00 (USD 10.39), down 0.81% on the day and 8.65% below its 52-week high of JPY 1,735.00 (USD 11.37), set on 11 July 2024. The company has a market cap of JPY 16.58 billion (USD 108.6 million).